If you’re waiting for an inheritance, the probate process can feel endless. Months or even years can pass before you receive your rightful share. During that time, you may face unexpected expenses. That’s where inheritance funding comes in.
So what is inheritance funding, and how do you get it? Inheritance funding is a cash advance on your expected inheritance that you can obtain through a funding company.
If you’re struggling to pay your bills while waiting for an inheritance, you don’t have to wait for the probate process to conclude. Similar to pre-settlement legal funding, inheritance funding can tide you over until the estate is distributed.
What Is Inheritance Funding and How Do I Get It?
Inheritance funding (also known as an inheritance advance or probate advance) is a financial service that allows heirs to receive money from their pending inheritance before the estate is distributed.
Here’s how it typically works:
- You apply for an advance: A funding company like Pegasus Legal Capital reviews your inheritance case and verifies your expected share.
- You get approved: Pegasus determines how much money you can receive up front.
- You receive your funds: Once approved, you’ll likely get your money within a few days.
- Pegasus is repaid from the estate: When the estate closes, Pegasus will be repaid directly from your inheritance—not out of your pocket.
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Who Can Apply for Inheritance Funding?
Most people who are named as heirs or beneficiaries in a will qualify for inheritance funding. Eligibility isn’t based on your credit score, income, or employment history, because inheritance funding is not a loan.
To qualify, you generally must:
- Be entitled to a share of an estate currently in probate
- Have documentation showing your portion of the inheritance
- Work with an executor or attorney who can verify your status as a beneficiary
You don’t need collateral or personal assets to secure an advance. Pegasus Legal Capital uses your inheritance itself as the basis for approval.
How Long Does It Take to Get Inheritance Funding?
One of the biggest advantages of inheritance funding is how quickly you can get the money. While probate can take six months to several years, inheritance funding can be completed in as little as a few days once your application is approved.
The exact time you’ll have to wait will depend on:
- How quickly your inheritance can be verified
- The complexity of the estate
- How responsive the executor or attorney is
Pegasus Legal Capital makes this process as simple and transparent as possible. We will handle communication with the estate’s representatives and keep you informed every step of the way.
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What Are the Benefits of Inheritance Funding?
Inheritance funding offers a lifeline for beneficiaries who can’t afford to wait through probate or are simply tired of waiting for the process to wrap up.
Some of the biggest benefits include:
- Fast access to cash: You get money in days.
- No credit checks: Approval depends on your inheritance, not your credit score.
- Non–Recourse: You are not personally liable for repayment if the estate encounters issues, delays, or ultimately lacks the funds to cover the advance. The funding company assumes this financial risk.
- No Monthly Payments: There are no ongoing interest charges or monthly repayment obligations for the heir.
- Financial freedom: You may use the funds however you see fit without restrictions or oversight.
Your pre-settlement funding consultation is free — contact us today!
How Is Inheritance Funding Different From a Traditional Loan?
Inheritance funding is fundamentally different from a traditional loan; it is structured as a non-recourse cash advance where the funding company purchases a portion of your future inheritance. This difference is critical for understanding your financial risk.
If the estate’s value drops, delays significantly, or is ultimately insufficient to cover the advance, you owe the funding company nothing out of your own pocket. A traditional loan, conversely, is a personal debt obligation that must be repaid with interest, regardless of what happens with the probate process or the estate’s assets.
Let’s look at the repayment and cost structure for non-recourse inheritance funding:
- No Monthly Payments or Interest: You are not required to make monthly payments, and the advance does not accrue compounding interest. Instead, the company receives a predetermined, larger payment (the discounted rate) directly from your inheritance share when the estate is settled. This upfront discount is the fee for accessing cash immediately.
- No Credit Impact: Because inheritance funding is the purchase of an asset (your inheritance share) and not a loan, approval is based solely on the verified value of the estate, not your credit score, income, or employment history. Your credit report is neither pulled nor affected.
- No Collateral Required: You do not need to risk your home, car, or other personal assets to qualify. Your expected inheritance is the sole basis for the transaction.
In short, inheritance funding gives you immediate liquidity without the risk, personal debt, or stress of traditional borrowing, but it is a service for which you pay a premium (the discounted rate) for that risk assumption and speed.
How Can I Spend My Inheritance Funding?
There are no restrictions on how you can use your advance. Many heirs use their inheritance funding to cover immediate or essential expenses such as:
- Rent or mortgage payments
- Utility bills
- Credit card or personal loan debt
- Medical or dental bills
- Vehicle repairs
- Home repairs
- Paying legal or probate-related fees
- Funeral or estate expenses
What Happens if There Are Other Heirs?
It’s common for estates to have multiple heirs. Each beneficiary can apply for inheritance funding separately, based on their own share of the estate.
Pegasus will review your individual portion and determine how much of an advance you can receive. We work directly with the estate’s representatives to ensure everything is handled smoothly, even when multiple beneficiaries are involved.
Why Choose Pegasus Legal Capital?
Pegasus Legal Capital is one of the most trusted names in inheritance and probate funding. We’ve built a reputation for fast approvals, transparent terms, and excellent customer service. Here’s what sets us apart:
- Fast turnaround: Receive your money in as little as 24 to 48 hours after approval.
- No hidden fees: Everything is disclosed upfront, so you aren’t surprised later.
- Simple process: Pegasus handles the paperwork and communication with the estate.
- Experienced team: Our specialists understand probate law and know how to work with executors and attorneys.
Pegasus Legal Capital can help you achieve financial stability without adding unnecessary stress or debt.
How Long Does It Take to Get Money From an Inheritance?
The length of time it takes to receive your inheritance depends on the probate process in your state. On average, probate can take anywhere from six months to two years, depending on:
- The size and complexity of the estate
- Whether there’s a will contest or dispute
- How quickly debts and taxes are settled
If you can’t afford to wait, inheritance funding can give you immediate access to cash.
Apply for Inheritance Funding Today
Waiting for probate can put a strain on your finances—but it doesn’t have to. With inheritance funding from Pegasus Legal Capital, you can get the money you need now.
Our application process is quick, simple, and completely risk-free. Once you’re approved, your funds will be delivered directly into your account.
Don’t wait for the courts to release your inheritance. Call today to find out if you qualify for inheritance funding.
Your pre-settlement funding consultation is free — contact us today!